Match the items below by entering the appropriate letter in the space.

Partnership

Liabilities

Revenues

General ledger

Expense recognition principle

Unearned service revenue

Income summary

A temporary account used in $$

Intangible assets

Freight$-$out

Sales returns and allowances

$[$ Choose$]$

Freight costs incurred by the seller.

The matching of efforts $($expenses$)$ with accomplishments $($revenues$).$

Noncurrent resources that do not have a physical substance.

Contains all assets, liabilities, and owner's equity accounts.

A liability created when cash is received in advance of performing a service for a customer.

An economic entity which is not a separate legal entity that is owned by $2$ more people.

Gross increases in owner's equity resulting from business activities entered into for the purpose of earning income.

Creditorship claims on total assets.

A temporary account used in closing revenue and expense accounts.

A contra$-$revenue account.

Expense recognition principle

Income summary

Atemporary account usedin'

Freight$-$out

Sales returns and alowances